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Pecuniary Externalities Do Matter When Contingent Claims Markets are Incomplete

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  • Lee Hsien Loong
  • Richard Zeckhauser

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  • Lee Hsien Loong & Richard Zeckhauser, 1982. "Pecuniary Externalities Do Matter When Contingent Claims Markets are Incomplete," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 97(1), pages 171-179.
    • Handle: RePEc:oup:qjecon:v:97:y:1982:i:1:p:171-179.
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    File URL: http://hdl.handle.net/10.2307/1882634
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    Cited by:

    1. Agnieszka Gehringer, 2011. "Pecuniary knowledge externalities and innovation: intersectoral linkages and their effects beyond technological spillovers," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 20(5), pages 495-515.
    2. Hom M. Pant, 1996. "Technical Change, Pecuniary Externality and the Market Failure," GE, Growth, Math methods 9609001, University Library of Munich, Germany, revised 30 Apr 1997.
    3. Carsten Krabbe Nielsen, 2018. "Rational overconfidence and social security: subjective beliefs, objective welfare," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 65(2), pages 179-229, March.
    4. Kim, Yun Jung & Zhang, Jing, 2012. "Decentralized borrowing and centralized default," Journal of International Economics, Elsevier, vol. 88(1), pages 121-133.
    5. Yun Jung Kim & Jing Zhang, 2023. "International Capital Flows: Private Versus Public Flows In Developing And Developed Countries," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(1), pages 225-260, February.
    6. Yena Park, 2014. "Constrained Efficiency in a Risky Human Capital Model," RCER Working Papers 585, University of Rochester - Center for Economic Research (RCER).
    7. Carsten Krabbe Nielsen, 2009. "Rational Overconfidence and Social Security," Discussion Paper Series 0916, Institute of Economic Research, Korea University.
    8. Zierhut, Michael, 2019. "Nonexistence of constrained efficient production plans," Journal of Mathematical Economics, Elsevier, vol. 83(C), pages 127-136.
    9. Battisti, Giuliana & Canepa, Alessandra & Stoneman, Paul, 2009. "e-Business usage across and within firms in the UK: profitability, externalities and policy," Research Policy, Elsevier, vol. 38(1), pages 133-143, February.
    10. Mohammed Ait Lahcen & Pedro Gomis‐Porqueras, 2021. "A Model of Endogenous Financial Inclusion: Implications for Inequality and Monetary Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 53(5), pages 1175-1209, August.
    11. Stoneman, Paul & Battisti, Giuliana, 2010. "The Diffusion of New Technology," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 2, chapter 0, pages 733-760, Elsevier.
    12. repec:got:cegedp:100 is not listed on IDEAS
    13. John Geanakoplos, 1997. "An Introduction to General Equilibrium with Incomplete Asset Markets," Levine's Working Paper Archive 1115, David K. Levine.
    14. repec:bas:econth:y:2012:i:2:p:35-56 is not listed on IDEAS
    15. repec:bas:econth:y:2012:i:2:p:57-75 is not listed on IDEAS

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